Saudi Telecom Company (STC) and Cisco Sign Strategic MoU to Bring the Benefits of 5G to Saudi Arabia
February 27 2018 - 2:59PM
- STC and
Cisco to collaborate
on next-generation network technologies
and services as Saudi Arabia gears up for the first commercial
launch of 5G services
- The two companies plan
to develop a roadmap for advanced
applications that enable new
services for digital
transformation across various industries
BARCELONA, Spain, Feb. 27, 2018
(GLOBE NEWSWIRE) -- Mobile World
Congress - Saudi Telecom Company (STC) and Cisco
today announced they have signed a Memorandum of Understanding
(MoU) and intend to collaborate on the development of 5G
communication systems and networks. The joint effort aims to
facilitate STC's transformation into a digital service provider and
supports the pivotal role it plays in enabling Saudi Arabia's 2030
Vision and National Transformation Plan.
The MoU was signed at the Mobile
World Congress by Nasser Al-Nasser, Chief Operating Officer, STC,
and Ali Amer, Managing Director, Global Service Provider Sales,
Cisco Middle East and Africa. Under the terms of the MoU, Cisco
intends to work closely with STC on its architectural
transformation to help unlock the commercial potential of 5G mobile
networks. This will enable STC to provision advanced network
services, such as low-latency, and differentiate its service
delivery in the 5G era.
"We are excited about the next
phase of our evolution which will pave the way for massive
innovation and give rise to a new breed of services that benefit
the Saudi economy," said Nasser Al-Nasser, Chief Operating Officer,
STC. "Our new 5G network architecture will enable us to make the
next leap forward by delivering inclusive broadband that transforms
how people use technology in their daily lives. We look forward to
working closely with Cisco to develop a future-ready network that
delivers advanced capabilities to help us address increasing
customer demands and new service trends."
The transition to 5G is
fundamental for STC's vision, as it forms the foundation for future
solutions including smart city, IoT and other vertical services.
Virtualization and network automation will play a prominent role in
the service provider's strategic blueprint, creating the scalable
network that supports the creation of new services in the fastest
and most agile way possible.
"As businesses increasingly
digitize, mobile carriers will need the speed, low latency,
reliability and dynamic provisioning capabilities that 5G networks
are expected to deliver," said Ali Amer, Managing Director, Global
Service Provider Sales, Cisco Middle East and Africa. "Our
collaboration with STC will enable their network infrastructure to
evolve into the new era of digitisation by taking advantage of the
5G momentum."
The two companies will also work
on developing use cases that accelerate the deployment of new
enterprise and industry 5G services. Another key element of the
collaboration aims to address the security needs of the 5G era by
building a framework for threat intelligence that underpins STC's
prevention, detection and mitigation efforts.
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About
STC:
The Saudi Telecom Company (STC) is a leader in providing integrated
communications services in the Kingdom of Saudi Arabia. The company
is operating, and continuously responds to market requirements,
keeping abreast of technology developments in telecommunications to
meet the needs of our customers, especially in light of a changing
world in terms of the role of telecommunications and its uses. For
more details visit: http://www.stc.com.sa/
About
Cisco
Cisco (NASDAQ:CSCO) is the worldwide technology leader that has
been making the Internet work since 1984. Our people, products, and
partners help society securely connect and seize tomorrow's digital
opportunity today. Discover more at thenetwork.cisco.com and follow
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Source: Cisco via Globenewswire
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